1.9 million people unemployed in the third quarter of 2017

In the third quarter of 2017, Mexico's unemployment rate reached 3.6% representing about 1.9 million unemployed people, the highest rate since the fourth quarter of 2016 according to Mexico's National Institute of Statistics and Geography (Instituto Nacional de Estadística y Geografía abbreviated Inegi).

On an individual basis, the states that presented the highest unemployment rate were Tabasco (6.9%), Mexico City (5.2%), Baja California Sur (4.6%), State of Mexico (4.4%), Tamaulipas (4.3%), Coahuila (4.2%), Nayarit (4.1%), and Querétaro (4.1%)

The underemployed population which reflects the underutilization of the productive capacity of the employed population reached 3.7 million people representing a 7% rate, compared to the 7.8% rate of 2016.

In the third quarter of 2017, about 30 million people were employed in the informal sector representing a 0.4% increase compared to 2016.